Bigcommerce Holdings Inc expected to post earnings of 4 cents a share - Earnings Preview

Commerce.com

07/05/2024 16:49

* Bigcommerce Holdings Inc  BIGC.OQ   BIGC.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 9
for the period ending January 1 0001
    * The Austin Texas-based  company is expected to report a
7.6% increase in revenue to $77.202 million from $71.76 million
a year ago, according to the mean estimate from 13 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Bigcommerce Holdings Inc
is
for earnings of 4 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bigcommerce
Holdings Inc is $9.50​, above​ its last closing price of $6.25.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              0.05       0.09      Beat    91.8
 Jan. 1 2023   -0.02                  0.01              138.4
 Mar. 31 2023  -0.09       -0.09      -0.02     Beat    78.2​
 Mar. 31 2023  -0.13       -0.13      -0.07     Beat    44.7
 ​​Dec.        -0.18       -0.19      -0.10     Beat    47.2
 31 2022                                                
 Jan. 1 0001   -0.21       -0.21      -0.15     Beat    29.2​
 Jan. 1 0001   -0.24       -0.24      -0.19     Beat    20
 Mar. 31 2022  -0.18       -0.18      -0.18     Met     -2.8
 This summary was machine generated May 7 at 15:49 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)